Tuesday, July 21, 2015

Re: The End

On Tue, Jul 21, 2015 at 5:28 PM, <larry.r.trout wrote:

​Whereas the internet has allowed an explosion of capitalism and production, along with allowing many people to skirt onerous  government regulation​, the writer seems to see this as the path away from capitalism.  The only issue is of information, which I grant in many cases can't be protected.

If Marx imagined a world where information and automation rule, then I haven't given him enough credit.  I imagined Marx as an idiot who didn't understand the most important of market forces:  Incentive.

--

No comments:

Post a Comment